Credit Specialist - Trading amp Supply Operations

Profile

, Philippines

Job Family Group:

Finance

Worker Type:

Regular

Posting Start Date:

Business unit:

Experience Level:

Early Careers

Job Description:

Purpose

Being part of Trading & Supply Credit Manila, responsible for performing daily operational credit activities in support of all T&S entities, including:

Credit checks, which is a process of providing credit advice to T&S traders for each transactions regardless of its tenor and nature and according to acceptable payment terms before agreeing to deal contract issued to counterparty.

Regular Credit Operations, specifically system updates and/or relevant reporting coupled with stakeholder engagement requiring fast and dependable service to avoid downside risk, support the deal lifecycle and ensure it operates within the Credit control framework.

These roles are part of the Global Credit Underwriting & Operations Team (Houston, London, Singapore and Manila), which is focused on business impact and operational excellence.

This role encompasses a wide range of tasks and covers the majority of business lines with which Shell is involved in e.g. Crude, Products, LNG etc. It therefore offers real variety and an opportunity to impact commercial outcomes. We are seeking an individual to join the team that can think creatively, has a passion to understand and critically assess the businesses with which Shell trades with through an understanding of the macro environment and is ready to bring ideas for continuous improvement.

Accountabilities

Act as the day to day ‘face of credit’ interfacing directly with traders and the Global T&S Credit team, commercial and finance stakeholders to support and advise pre-deal requirements. Tasks will include but may not be limited to:

Conduct Credit Check Activities for All Trading entities. These include:


Daily responding topre-deal and post-dealcredit check requests for the Products and Freight business lines.
Daily interface withtraders,commercial credit managersand trade financeas needed to achieve win-win pre-dealadvice
Contacting traders as needed to gain more understanding about deal scenario

Identifying available credit limit by referencing to approved credit assessment fileand exposure calculation.
Identifying risk mitigation techniques to support business opportunities
Ensuring KYC compliance on all deals
Prepare credit reports for KPI and review with relevant focal points in Houston,LondonandSingapore.


Promote continuous improvement in process, controls, and protocols

Dimensions

The Shell Trading Network is fast moving and growing rapidly. The Trading & Supply business is becoming increasingly complex with a changing macro-environment and with a shift in global supply-demand Shell Trading & Supply is seeking to do business in riskier Emerging Market countries and with entities that have questionable Credit Quality. This coupled with a generally Credit adverse macro environment makes it increasingly important that we maintain a robust credit checks process that ensures T&S risk is mitigated via credit securities or cash.

Transactions being entered into are also of increasing number, complexity and tenor. The recent past has seen a strong rise in the number of derivative transactions. Furthermore, asset based trading strategies are also growing strongly, employing more working capital and introducing increased levels of risk and resource consumption.

All of which lead to the need for strong controls and an Operations team that is resilient, nimble and detail oriented

The role will support ALL trading entitles situated in North America.

Special Challenges


This role creates the opportunity to further define the Global Trading Credit Organisationparticularly in the new Trading & Supply worldwhile we look to continually innovate and define best credit solutions to support the dynamic and fast-paced Trading and Supply business
Maintain good, long-term relationships withtraders, commercial credit, trade finance,KYCand global underwriting team to ensure credit advice provided was the best and will turn to positive outcome.
Willingness to learn or currently have ability to navigate through various end use trading systems
Demonstrate a firm grasp of the key commercial considerations, as well as an ability to weigh up and decide on the risks of each activity. The ability to know when to escalate is essential.
Keep connected with the other teams within Credit,KYCand Trade Finance in all core locations, to ensure the team understands emerging challenges the location-based teams are facing and can re-prioritize effort as required.

Give enthusiastic and vocal support to the Global Trading Credit organisational changes, the benefits of which will in many cases be felt in the longer term, while continuing to meet the ongoing needs to the global Trading and Supply businesses in the immediate term.
Maintain the ability, notwithstanding the transition to a global organisation, to respond immediately and decisively in the event of the known unknowns in the external environment. There will inevitably be peaks and troughs in the workload over the course of the year.
Work effectively with other parts of finance


Experiences & Qualifications


Ideally, would have relevant finance experiencewith specific focus in Credit orprior work experience in the corporate sector, especially within a Trading or Credit team.

Strong commercial understanding, especially the ability to balance speed, cost benefit and long-term relationship management.
Clear attention to detail and passion for continued learning
The ability to communicate complicated ideas in a clear and uncomplicated fashion.
Remain open to different perspectives (i.e.from other businesses & locations) and be able to switch priorities at shortnotice.
The ability to work under pressure, workingto tight deadlinesand jugglinganumber ofdifferent items.

Demonstrateabilityto coach junior team members and take ownership and deliver on specificprojects.
Experience in working in a global organisation and in a virtual working environment


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DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.

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